To further promote corporate listing, Suqian City introduced Several Measures on Further Promoting Corporate Listing on August 25, 2025, unveiling 20 measures to support companies in getting listed throughout the entire cycle so as to accelerate the formation of a “Suqian Sector” in capital markets. Up to now, Suqian boasts 11 companies listed on China’s A-share market, becoming the first city in North Jiangsu with each and every county (district) having at least one listed company.

Suqian has proposed that corporate listing plans be part of investment promotion negotiations, and a two-tier (municipal and county) pipeline of potential listing companies be established. The new policy sets clear, dynamic targets: ensuring that there are no fewer than 10 companies in the municipal-level key tier and no fewer than 20 in the municipal-level focus tier, as well as no fewer than 15 companies having completed shareholding reform and no fewer than eight companies having completed tutoring registration or submitted IPO application in the pipeline.

The city has introduced a series of service measures to not only resolve historical issues such as land and property title confirmation during enterprise restructuring and corporate listing, but also apply inclusive and prudent regulation to pre-listed enterprises, implementing the policy of “no penalty for first offense” according to law. Notably, Suqian will improve the “dual-pairing” system for municipal as well as counties’ and districts’ officials in charge, conduct routine outreach visits, train no fewer than 100 professionals versed in the listing process within three years, and continue to enhance the reputation of the “Suqian Xichu Capital” service brand.

In addition, Suqian will deepen cooperation with Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange, organizing enterprises to visit stock exchanges for “one-on-one” guidance. It will also build an investment system featuring “government investment funds + state-owned enterprise funds + market-driven funds” to empower enterprises, and explore new models such as batch-based services for shareholding reforms to help enterprises reduce listing costs.